Palm Cay
Homes for Sale in Florida City, FL
True comps, carrying-cost math, and listings before the portals.
Photo via MIAMI MLS
As of September 2026, Palm Cay in Florida City, FL has 11 homes for sale and 15 pending, asking from $392,000 to $464,990 (median $452,990). Over the 12 months ending 2026-09-12, 54 recorded sales closed at a median of $378,750, $270 per square foot, a median 29 days on market, sellers accepting 96% of original asking (-6% versus the prior year). Homes listed or recently sold were built 2025–2026 with 26 new construction; 26 of 26 report an HOA (median $158/mo). At the median price and Miami-Dade County's FY2025-26 rate of 17.59 mills, annual property tax runs about $6,660 ($5,950 with the full homestead exemption).
Homes For Sale Right Now in Palm Cay
Live MLS inventory for Palm Cay. Every active listing, what is under contract right now, and the last 12 months of closed sales, refreshed twice a day. Closed comps beat an algorithm's guess every time.
Active and pending Palm Cay listings as of 2026-09-12, priced high to low. Based on information from the Southeast Florida Multiple Listing Service (SEFMLS) or from MIAMI Association of REALTORS(R) for the period 2023 through 2026. Tap any home to ask about it.
Palm Cay is pricing at a median of $384,750, with price per square foot at $270.65 — a level that reads as condition- and size-driven rather than amenity-driven, since current MLS listings don't surface a defined amenity package here. That combination suggests buyers are paying primarily for the unit itself, not for a lifestyle add-on, which is worth knowing before you assume a premium for shared facilities.
The math right now favors buyers willing to negotiate. A median of 35 days on market paired with pricing down 4.1% year over year points to a market that has softened from where it was, and 58 closings in the window shows there's enough transaction volume to read the trend as real rather than noise. Sellers here should price to the current data, not last year's; buyers have room to negotiate on terms and timeline.
Palm Cay right now
🟡 Off the recent peak. The trailing-12-month median ($379K) is down 5.5% from the prior 12 months ($401K).Momentum Research, record-level MIAMI MLS closed sales, 12-month windows ending September 12. Confidence: Very High (54 and 62 sales in the two windows).
Jump to: Price history & scorecard · Homes for sale · Schools · FAQ
Updated September 12, 2026 · Live data: MIAMI MLS, refreshed twice daily · MLS facts carry their source; interpretation lines are Momentum Research · Data sources & freshness
The 60-Second Overview
Palm Cay market snapshot (as of September 12, 2026): the median sale price is about $379K ($270 per sq ft over the trailing 12 months of closed sales), and a median 29 days on market for closed sales. The trailing-12-month median is down 6% from the prior 12 months, computed from record-level MIAMI MLS closed sales (54 closings in the current window).
Palm Cay is a Miami-Dade community where value is currently tracking below year-ago levels, with pricing that appears to reflect unit condition and size more than any advertised community amenity set.
The setting & the homes.
Aerial and on-site photos of Palm Cay. Swipe to explore the community.
Swipe or use the arrows → tap any photo to enlarge
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Palm CayPhotos from MIAMI MLS listings in Palm Cay; content deemed reliable but not guaranteed.
Who Palm Cay is best for.
Best for
- Buyers prioritizing price per square foot over amenity access
- Buyers comfortable negotiating in a softening, buyer-leaning market
- Buyers planning to evaluate each unit on its individual condition and value
Probably not for
- Buyers who want a confirmed clubhouse, pool, or recreational amenity package upfront
- Sellers expecting to price at last year's levels
- Buyers wanting a fast, competitive-offer environment
Price History: What Homes Here Have Actually Sold For
Median sale price over the trailing 12 months ending September 12 of each year, from record-level MIAMI MLS closed sales. Same methodology as every appreciation figure on this page: the 2026 point ($379K) IS the median in the snapshot above, and the move from 2025 ($401K) IS the -5.5% one-year change.
Windows contain 7 to 62 sales each (54 in the current window); every figure carries its sample size. Based on information from the Southeast Florida Multiple Listing Service (SEFMLS) or from MIAMI Association of REALTORS(R) for the period 2023 through 2026. Deemed reliable but not guaranteed.
The real cost & risk here
Before the list price, the Florida math the portals skip. These are Miami-Dade County typicals — your exact home, flood zone, and insurance quote will vary, so verify each before you offer.
Check it for your address: look up your flood zone (FEMA) · insurance by county · true-cost calculator · Miami-Dade County scorecard.
County typicals from Momentum’s Florida housing data (Zillow & Realtor.com aggregates, Census, FRED), updated monthly; insurance modeled. Flood zone is property-specific — always confirm via FEMA.
Palm Cay Market Scorecard
Palm Cay is currently a thin data market. Limited supply, a median asking price of $452,990, and homes go under contract in about 22 days.
Typical home value in the 33034 ZIP is $382,671, about 65.3% above the Florida norm (Zillow Home Value Index).
Go deeper: ZIP market scorecard · county scorecard · true cost calculator · affordability calculator.
Live data: realMLS, refreshed twice daily. Typical value: Zillow Research. Market metrics only; these describe homes for sale and recent sales, not residents.
The Palm Cay buying strategy.
If we were buying in Palm Cay today, this is the order of operations we would run for our clients.
Underwrite the condition first. Price the roof, HVAC, and systems honestly before judging any list price; condition swings value here more than square footage alone.
Match the home to real comps. Recent sales of similar condition and lot, not the asking price, tell you what a home is worth.
Move deliberately, not desperately. Neither side has a decisive edge, so a well-prepared, fairly-priced offer wins without overpaying.
Line up financing and inspection early. A pre-approval and an inspection plan let you act fast and negotiate from evidence.
Keep an agent in your corner. The listing agent works for the seller; we represent you and prepare a hand-built valuation before any offer in Palm Cay.
What the numbers are actually saying
At $270.65 per square foot and a median price of $384,750, Palm Cay sits in a price band where the spread between move-in-ready units and those needing work likely explains most of the variation buyers will see touring the market. Without a documented amenity package in current listings, don't assume a clubhouse or pool premium is baked into asking prices — negotiate on the unit's own merits.
The 4.1% year-over-year decline is the headline figure sellers need to plan around. A median 35-day time on market isn't a fire sale, but it's not a tight, competitive window either — it gives serious buyers leverage on price and closing terms, and it tells sellers that overpricing against last year's numbers will simply extend their days on market further.
The location and the amenities are priced into every listing in Palm Cay. The deal is won or lost on condition, the comps, and the renovation math.
Why work with Momentum here
In a market where amenities aren't clearly documented and pricing is trending down year over year, the value of local, current data matters more than usual. We pull the actual comparables, track the 58-closing window that defines this cycle, and negotiate against what's happening now — not what Palm Cay looked like a year ago.
Palm Cay in 15 seconds.
HOA, CDD & Fees
- HOA status not on record. Verify any dues before you offer
- Any club/amenity membership is billed separately
Confirm the current HOA dues, exactly what they cover, and any CDD bond or special assessment for a specific address before you offer.
Tools for a Palm Cay buy.
Free calculators to pressure-test the real cost before you tour.
Selling here is won on condition and pricing to real comps, not an automated estimate. The right number comes from closed Palm Cay sales matched to your home.
Price it to the comps and condition, not an automated estimate.
If you are thinking about selling in Palm Cay, the right list price comes from recent comparable sales matched to your home's condition and location, not an automated estimate.
What is your Palm Cay home worth?
Get a no-obligation home value based on real comparable sales in Palm Cay, not an automated guess. Tell us about your home and we will personally prepare your numbers and a pricing strategy. No obligation, no spam.
See all homes for sale in Florida City →
Recently off market in Palm Cay
Homes in Palm Cay that recently left the market. Each address opens its public-record profile: county-recorded value, property taxes, the last recorded sale, community sales history, and what is for sale nearby now. 1 on record.
- 1462 NE 4 Avenue · off market
Frequently Asked Questions
What is the median home price in Palm Cay?
How long do homes in Palm Cay take to sell?
Who is the best real estate agent for Palm Cay?
How do I find a top Florida City real estate agent who knows Palm Cay?
Can Momentum Realty connect me with an agent for Palm Cay?
Should you buy in Palm Cay?
An honest fit check. We will tell you when it is not your community.
Nearby Communities
Explore more neighborhoods near Palm Cay with Momentum Realty’s local guides.
Data sources & freshness
| Live listings | MIAMI MLS, refreshed twice daily (last: September 12, 2026) |
| Community market stats | MIAMI MLS closed sales, 12-month windows ending September 12, 2026 |
| Under-contract shares | MIAMI MLS records, as of 2026-09-08 |
| Historical depth | Closed-sale records back to 2023 (170 transactions analyzed) |
Verify the primary sources yourself: Florida DOR · U.S. Census · FEMA flood maps · Citizens Property Insurance.
Momentum Research figures are our own analysis of MIAMI MLS records; MLS data is deemed reliable but not guaranteed. Methodology: how Momentum market scores are computed. Market metrics describe homes for sale and recent sales, not residents.
Own a home here?
You just read the data. Now see what your home is worth.
The numbers on this page move markets in the aggregate. The number that matters to you is what a buyer pays for your address. Momentum sells for 1.25% above the MIAMI MLS member average and 8 days faster, and we’ll price yours against live local comps.
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See how Palm Cay fits the bigger picture — live prices, inventory, and Momentum Scores: